The West destroyed over a half-century of cooperation in the energy sector with no new affordable prospects in sight European energy costs are soaring, driving inflation to heights not seen in nearly 50 years and strangling EU consumers and businesses alike. Unprecedented sanctions placed on Russia, Europe’s premier provider of affordable energy, coupled with the…

The jobless rate in the country remains the lowest since the early 1990s, official statistics show Unemployment in Russia fell to 3.5% in February, according to data released on Wednesday by the Federal State Statistics Service (Rosstat). The rate is the lowest since Rosstat began publishing the figures in 1991.

Sochi has become one of the three most expensive markets for top-end properties in the world, according to the NF Group consultancy Russia’s largest resort city, Sochi, has been shortlisted among the world’s three cities with the most expensive luxury housing, leaving New York and London behind. That’s according to a report released on Friday…